Global Offshore Services Limited reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was INR 146.05 million compared to INR 200.93 million a year ago. Revenue was INR 147.25 million compared to INR 201.31 million a year ago. Net loss was INR 147.93 million compared to net income of INR 750.59 million a year ago. Basic loss per share from continuing operations was INR 5.98 compared to basic earnings per share from continuing operations of INR 30.35 a year ago. Diluted loss per share from continuing operations was INR 5.98 compared to diluted earnings per share from continuing operations of INR 30.35 a year ago.
For the nine months, sales was INR 464.61 million compared to INR 559.58 million a year ago. Revenue was INR 469.05 million compared to INR 569.35 million a year ago. Net loss was INR 486.07 million compared to net income of INR 545.11 million a year ago. Basic loss per share from continuing operations was INR 19.66 compared to basic earnings per share from continuing operations of INR 22.04 a year ago. Diluted loss per share from continuing operations was INR 19.66 compared to diluted earnings per share from continuing operations of INR 22.04 a year ago.